Economic Growth in Kazakhstan
Kazakhstan's economy recorded an average real GDP growth rate of 3.0% in the decade to 2022, above the 2.5% average for Eastern Europe. In 2022, real GDP growth was 3.3%. For more GDP information, visit our dedicated page.
Kazakhstan GDP Chart
Kazakhstan GDP Data
2018 | 2019 | 2020 | 2021 | 2022 | |
---|---|---|---|---|---|
Economic Growth (GDP, ann. var. %) | 4.1 | 4.5 | -2.5 | 4.3 | 3.3 |
GDP (USD bn) | 179 | 182 | 171 | 197 | 225 |
GDP (EUR bn) | 152 | 162 | 149 | 166 | 214 |
GDP (KZT bn) | 61,820 | 69,533 | 70,649 | 83,952 | 103,766 |
Economic Growth (Nominal GDP, ann. var. %) | 13.7 | 12.5 | 1.6 | 18.8 | 23.6 |
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Kazakhstani GDP projections for the next ten years from a panel of 23 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable GDP forecast available for Kazakhstani GDP.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Kazakhstani GDP projections.
Want to get access to the full dataset of Kazakhstani GDP forecasts? Send an email to info@focus-economics.com.
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